Bitcoin Price Under Pressure Ahead of Fed Decision: What’s Driving the Sell-Off?
Bitcoin’s price has fallen below the $104,000 mark ahead of the U.S. Federal Reserve’s highly anticipated interest rate decision. Market expectations lean towards a 25 basis point rate cut, which could provide a short-term boost for markets. However, traders remain cautious as uncertainty looms over the Fed’s longer-term monetary policy. Let’s dive into the details….